Euler Motors reports Rs 191 Cr revenue and Rs 200 Cr loss in FY25

Commercial electric vehicle startup Euler Motors raised Rs 638 crore in its Series D round in May 2025, led by Hero MotoCorp. While the impact of this funding is likely to reflect in its FY26 numbers, Euler’s revenue grew by 12% during the fiscal year ending March 2025. The Delhi-based firm also managed to limit losses at a similar rate during the year.

Euler Motors’ revenue grew 12% year-on-year to Rs 192.26 crore during last fiscal year as compared to Rs 170.82 crore in FY24, according to the company’s annual financial statement with the RoC.